PESN Reports Brillouin Signs License Agreement with South Korean Company

Sterling Allan of PESN is reporting today that he has been told Brillouin Energy CEO Robert George that the company has has signed a ‘multi-million dollar’ licensing agreement with an unnamed South Korean company which plans to install Brillouin LENR boilers in a ‘stranded asset’ power station.

The South Korean company would engineer the boilers using Brillouin technology, and Brillouin hopes that manufacturing can begin towards the end of 2014. The projected cost for eventual electricity production is 2 cents per kilowatt hour.